HungryPanda raised $55 million to help expand its Asian food delivery service in the United States. The refinancing and fundraise will help the company “explore new opportunities to serve a broader range of minority ethnic communities,” according to a Monday (Sept. 30) press release. Founded...
In today’s fast-paced eCommerce landscape, platforms like marketplaces and aggregators are vital for merchants looking to expand their reach. However, they face challenges in offering diverse payment options while maintaining smooth operations. A PYMNTS Intelligence report, “The Orchestrated Platform: Why Payments Orchestration Is Not Just...
Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary objectives: bringing in new users, elevating engagement with its current clientele, and creating “habituated customers.”...
The collapse of eCommerce startup Thrasio has reportedly triggered a fight between its former private equity backers. Oaktree Capital Management has written a letter to private equity (PE) firms Silver Lake and Advent criticizing them for their oversight of Thrasio, the Financial Times (FT) reported...
September 20, 2024
In today’s fast-paced eCommerce landscape, platforms like marketplaces and aggregators are vital for merchants looking to expand their reach. However, they face challenges in offering diverse payment options while maintaining smooth operations. A PYMNTS Intelligence report, “The Orchestrated Platform: Why Payments Orchestration Is Not Just for Merchants,” a collaboration with Spreedly, reveals payments orchestration has […]
September 10, 2024
Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary...
August 12, 2024
Much has been made of tipflation, the upward march of the tips paid at the table and for delivery, which adds to the bill and subtracts from diners’ wallets. As...
August 09, 2024
As aggregators look to drive spending despite consumers’ belt-tightening behaviors, Grubhub is using new digital features to drive up check sizes. The company announced earlier this month the launch of...
October 08, 2024
Local commerce platform DoorDash has launched an expanded partnership with Wegmans Food Markets and added new partnerships with four regional grocers in locations across the United States. In its expanded partnership with Wegmans Food Markets, DoorDash will power on-demand grocery delivery from Wegmans locations in Maryland; add stores in Virginia, North Carolina, New Jersey, Delaware and upstate […]
September 30, 2024
HungryPanda raised $55 million to help expand its Asian food delivery service in the United States. The refinancing and fundraise will help the company “explore new opportunities to serve a...
September 08, 2024
The collapse of eCommerce startup Thrasio has reportedly triggered a fight between its former private equity backers. Oaktree Capital Management has written a letter to private equity (PE) firms Silver...
August 28, 2024
BlackRock is reportedly looking to auction off Amazon aggregator SellerX after SellerX stopped making payments on a loan. The auction is scheduled for Sept. 17 in Berlin, Bloomberg reported Wednesday...
